BRIDGING DISPUTES
BRIDGING DISPUTES : A COMPREHENSIVE EXPLORATION OF THE MEDIATION ACT, 2023 INTRODUCTION Mediation has deep roots in India, historically serving as an effective mechanism for amicable dispute resolution outside the courtroom. Alongside arbitration, judicial settlement, and conciliation, mediation is formally recognized under the Code of Civil Procedure, Section 89(1), as a recommended method of alternative dispute resolution. Mediation did not gain enough...
Navigating the Tech Storm
Navigating the Tech Storm It's Tech Storm... In today’s fast-changing tech landscape, keeping up with emerging trends and market shifts can feel like sailing through a storm. Preparation and adaptability are crucial to turning these challenges into opportunities and staying ahead. Emerging Technologies From AI and machine learning to blockchain and quantum computing, emerging technologies are transforming the business world. These innovations are...
How to minimize your Industry4.0 Investment
How to minimize your Industry 4.0 Investment Are you tired of all those promises of digital transformation and technological advancement? Want to keep your Industry 4.0 investment as minimal as possible? Well, I've cracked the code! Here’s the sure-fire way to do it: 🥁 Drumroll, please... 🥁 Attempt to deploy new Industry 4.0 technologies at scale without changing how your company operates. Ta-da!...
From Data Deluge to Predictive Power
From Data Deluge to Predictive Power : Mastering Data Mining, Extraction, and Model Evaluation Data, the all-pervasive source driving the era of digitalization, possesses boundless possibilities for revealing valuable insights and influencing well-informed decision-making. The fundamental pillars of data analytics, data mining and extraction, equip us with the ability to plunge into this expansive realm of information, unveil concealed patterns, and...
The Rise of Mobile Robots in Warehouses
The Rise of Mobile Robots in Warehouses : What Perks Await Robotic Engineers? Summary: Mobile robots are becoming more commonplace on the factory floor due to rising labor costs and staff shortages. As a result, the demand for robotics engineers will likely continue growing in the coming years, providing an exciting path for people seeking career stability The last few years have...
Cyber Risks in the Digital Banking Sector
Managing Third-party Cyber Risks in the Digital Banking Sector In the context of growing digital space and emerging technology, cybersecurity is vital and third-party risk is one of the growing threats in an organization. Cybersecurity incidents and data breaches are increasing across vendors, suppliers, and other businesses not limiting to the bank. In a digitally interconnected world, the cybersecurity strength...
How AI and Open Source are Transforming DevOps
Shaping the Future of Business: How AI and Open Source are Transforming DevOps Combining AI with open-source tools is changing the game in how businesses modernize their old DevOps systems. It’s not just about adopting new tech; it’s a shift in how we approach projects, making our work quicker and our ideas bolder. Open source offers us the latest AI breakthroughs...
Smart Manufacturing
Smart Manufacturing needs Architecture Redefined Smart manufacturing needs new IT Architecture definition such as RAMI 4.0 model to seamlessly connect various aspects of manufacturing like Product Lifecycle Management, Efficient & Resilient Operations, Supply Chain Management, Product Tracking, Customer satisfaction, Sustainability, etc. (Source: https://www.zvei.org/en/press-media/publications/the-reference-architectural-model-industrie-40-rami-40) An enterprise or factory follows the IEC 62890, 62264/ IEC 61512 standards to meet its integration needs. But...
Data Breach and Prevention
Why do companies commit Data Breaches in India ? What is the main reason behind the Data Loss? Data breaches in India, like in any other country, can occur due to various reasons. Some of the main reasons behind data breaches in India include: Cyberattacks: Hackers and cyber criminals often target companies to steal sensitive data for financial gain or other malicious purposes....
Exploring the Metaverse – A Synopsis
Exploring the Metaverse - A Synopsis The metaverse, a loosely defined term, has gone from a virtual game world to the next internet and sparks conversations on technology’s potential. Despite eye-rolling at terms like metaverse and eXtended Reality (XR), immersive technologies are silently becoming part of our daily life through social media, virtual collaboration, and digitized experiences. We seamlessly...